Current:Home > InvestBattery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana -Wealth Nexus Pro
Battery parts maker Entek breaks ground on $1.5B manufacturing campus in western Indiana
View
Date:2025-04-12 01:30:39
TERRE HAUTE, Ind. (AP) — Oregon-based battery parts producer Entek broke ground Wednesday on a $1.5 billion manufacturing campus in western Indiana that officials said will create more than 640 jobs and give a boost to Indiana’s growing electric vehicle industry.
Gov. Eric Holcomb joined Entek executives and others at the Terre Haute groundbreaking for the planned 1.4-million-square foot (130,064-square meter) complex, with Holcomb calling it “a great day for Terre Haute and for the state of Indiana.”
Entek, based in Lebanon, Oregon, makes battery separators for lithium-ion battery manufacturers. The company, which announced the project in March, said its new Terre Haute manufacturing campus will produce enough battery separators per year to supply material for about 1.4 million vehicles annually.
“This decision cements Indiana’s leadership in the electric vehicle supply chain sector, and we are thrilled to partner with ENTEK to speed the commercialization of U.S.-built EVs,” Holcomb said in a statement.
Entek is the only US-owned and operated manufacturer of wet-process lithium-ion battery separators, according to a news release on the groundbreaking. The Biden administration has been working to strengthen U.S. energy independence and reduce dependence on China for critical components.
Entek CEO Larry Keith said the company appreciates “the support we’ve gotten from President Biden and his administration as we bring together private and public sector.”
“Beating China on advanced battery development and production starts right here in Terre Haute, today,” he said in a statement.
Entek said the project will create more than 640 “high-wage jobs” by late 2027 in Terre Haute, which is located about 70 miles (113 kilometers) west of Indianapolis.
veryGood! (8858)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Dead whales on the east coast fuel misinformation about offshore wind development
- Two years later, the 2021 blackout still shapes what it means to live in Texas
- When illness or death leave craft projects unfinished, these strangers step in to help
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- A record high number of dead trees are found as Oregon copes with an extreme drought
- Vanderpump Rules' Ariana Joked About Being in a Throuple With Tom and Raquel Before Affair News
- Survivor’s Ricard Foyé and Husband Andy Foyé Break Up After 7 Years Together
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Love Is Blind Season 4 Status Check: Find Out Which Couples Are Still Together
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Why Jenna Ortega Says Her Wednesday-Inspired Style Isn't Going Anywhere
- Ryan Gosling Trades in the Ken-ergy for a '90s Boy Band Style with Latest Look
- Threats to water and biodiversity are linked. A new U.S. envoy role tackles them both
- Questlove charts 50 years of SNL musical hits (and misses)
- Earth Day 2023: Shop 15 Sustainable Clothing & Home Brands For Effortlessly Eco-Friendly Style
- Vanderpump Rules' Ariana Joked About Being in a Throuple With Tom and Raquel Before Affair News
- Money will likely be the central tension in the U.N.'s COP27 climate negotiations
Recommendation
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Vanderpump Rules' Scheana Shay Addresses Brock Davies, Raquel Leviss Hookup Rumor
Negotiators at a U.N. biodiversity conference reach a historic deal to protect nature
Here's what happened on day 3 of the U.N.'s COP27 climate talks
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Al Gore helped launch a global emissions tracker that keeps big polluters honest
Madison Beer Recalls Trauma of Dealing With Nude Video Leak as a Teen
A skinny robot documents the forces eroding a massive Antarctic glacier